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Cisco Kid swallows PipeLinks
A $126 million share wedge passes on
His Satanic Majesty of routers, Cisco, has swallowed another company into his capacious maw. Cisco said it had bought San Jose PipeLinks for $126 million worth of shares. The company, started in 1996, will allow service providers to provide managed Internet access and native Lan services over existing TDM infrastructures. Its 73 employees will now report to Cisco VP Alex Mendez. ®